On September 12, Ryan Company sold merchandise in the amount of $9,200 to Johnson Company, with credit terms of 3/10, n/30. The cost of the items sold is $5,700. Johnson uses the periodic inventory system and the net method of accounting for purchases. The journal entry that Johnson will make on September 12 is: Multiple Choice Merchandise inventory 5,700 Accounts payable 5,700 Merchandise inventory 8,924 Accounts payable 8,924 Purchases 8,924 Accounts payable 8,924 Purchases 9,200 Accounts payable 9,200 Accounts payable 9,200 Merchandise inventory 9,200